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Established Motel With Gas Stop, Store And Lodge

Location  Nova Scotia,Canada
Asking Price Range  $500K - $1.0M
Gross Revenues  $300000
Net Profit / Cash Flow  $65000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Not Disclosed
Year Established  1973
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Owned
Training  Possible
Reason for Sale  Retirement
Description  Well established Motel with 20 guest Rooms, XTR Gas Stop, Speciality Store ( Wood Carvings, Knives and Swords, Pipes and Convenience) and Lodge with 8 bedrooms, 5 Bathrooms, sunken Livingroom, Entrance, Kitchen, Diningroom and several Hallways, partly furnished. 8.7 acres Land, prime location on Transcanada Highway opposite the busyiest Country Market and nicest Lighthouse in Nova Scotia. Fleamarket on the weekends in summer...lots of space left to grow. Property is partially paved, partially cleared and partially wooded. Good turnover / cashflow ! Recent improvements: New Motel Roof (30 year shingles), all new thermostats Motel and Lodge, new outdoor Lanternes (8), Lodge painted and stained in and outside, approx. grand income: Gas and Diesel $ 70000.00 / Motel $ 120000.00 / Store $ 150000.00 Other $ 7000.00 Asking Price: For Motel, Gas Stop and Store on 8 acres of Land $ 750000.00 For Lodge: $ 285000.00 call George: 902 662 2500 or email. Homepage: masstownermotel.com
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